Bank of Canada Should Hold Overnight Rate at 1.75 Percent for Next 12 Months, Says C.D. Howe Institute Monetary Policy Council
July 4, 2019 – The C.D. Howe Institute’s Monetary Policy Council (MPC) has recommended that the Bank of Canada keep its target for the overnight rate, its benchmark policy interest rate, at 1.75 percent at its next announcement on July 10, 2019, and maintain it at that level through July 2020.
The MPC provides an independent assessment of the monetary stance consistent with the Bank of Canada’s 2 percent inflation target. William Robson, the Institute’s President and CEO, chairs the Council. Council members make recommendations for the Bank of Canada’s upcoming interest-rate announcement, the subsequent announcement, and the announcements six months and one year ahead. The Council’s formal recommendation for each…
Bank of Canada Should Hold Overnight Rate at 1.75 Percent for Next 12 Months, Says C.D. Howe Institute Monetary Policy Council
May 23, 2019 – The C.D. Howe Institute’s Monetary Policy Council (MPC) has recommended that the Bank of Canada keep its target for the overnight rate, its benchmark policy interest rate, at 1.75 percent at its next announcement on May 29, 2019, and keep it there through to May of 2020.
The MPC provides an independent assessment of the monetary stance consistent with the Bank of Canada’s 2 percent inflation target. William Robson, the Institute’s President and CEO, chairs the Council. Council members make recommendations for the Bank of Canada’s upcoming interest-rate announcement, the subsequent announcement, and the announcements six months and one year ahead. The Council’s formal recommendation for each…
Competition Bureau already has the “Toolkit” to Handle Big Tech: C.D. Howe Institute Competition Policy Council
May 16, 2019 – At their recent meeting, members of the C.D. Howe Institute Competition Policy Council concluded Canada’s competition policy toolkit is sufficient to address new forms of market power that may arise in the digital economy.
Governments worldwide are wrestling with public concerns about the perceived power and influence of “Big Tech” companies like Google, Facebook and Amazon. Such players provide digital platforms for searching, shopping and social media and collect extensive datasets about users’ online activities. In the face of populist appeals for a revamp of antitrust rules and pressure to directly regulate digital platforms, the consensus of the Council was that Canada’s competition law…
Bank of Canada Should Hold Overnight Rate at 1.75 Percent through October, Hike to 2.00 in a Year’s Time Says C.D. Howe Institute Monetary Policy Council
April 18, 2019 – The C.D. Howe Institute’s Monetary Policy Council (MPC) has recommended that the Bank of Canada keep its target for the overnight rate, its benchmark policy interest rate, at 1.75 percent at its next announcement on April 24, 2019, and maintain it at that level through the end of October. The MPC also recommended that the target rise to 2.00 percent by April of next year.
The MPC provides an independent assessment of the monetary stance consistent with the Bank of Canada’s 2 percent inflation target. William Robson, the Institute’s President and CEO, chairs the Council. Council members make recommendations for the Bank of Canada’s upcoming interest-rate announcement, the subsequent announcement,…
Bank of Canada Should Hold Overnight Rate at 1.75 Percent through September, Hike to 2.00 in a Year’s Time Says C.D. Howe Institute Monetary Policy Council
February 28, 2019 – The C.D. Howe Institute’s Monetary Policy Council (MPC) called for the Bank of Canada to keep its target for the overnight rate, its benchmark policy interest rate, at 1.75 percent at its next announcement on March 6, 2019 and hold it there through to September 4, 2019. The MPC called for the target to rise to 2.00 percent by March of next year.
The MPC provides an independent assessment of the monetary stance consistent with the Bank of Canada’s 2 percent inflation target. William Robson, the Institute’s President and CEO, chairs the Council. Council members make recommendations for the Bank of Canada’s upcoming interest-rate announcement, the subsequent announcement, and the announcements six…